Information Archives — Page 380 of 478

November 17, 2017 No Responses

CFAO marks new milestone, commissions FUSO Assembly Plant in Lagos

By citybusinessnews@yahoo.com – The CFAO group, with its subsidiary CFAO Equipment, the sole distributor of the FUSO brand in Nigeria, in conjunction with Mitsubishi Fuso Truck and Bus Corporation (MFTBC), one of Asia’s leading commercial vehicle manufacturers, on...

November 17, 2017 No Responses

Gwarzo at CIS conference, implores capital market operators on new business environment

The Director General of the Securities and Exchange Commission, Mr. Mounir Gwarzo has challenged capital market participants to constantly adapt to new and rapidly changing economic, regulatory and business environments which will aid them in performing the...

November 17, 2017 No Responses

NSE’s market capitalisation regains N77b

The market capitalisation of Nigerian Stock Exchange (NSE) which opened at N12.673 trillion on Thursday, increased by N77 billion or 0.61 per cent to close at N12.750 trillion due to the listing of rights issue of Unilever and Transnationwide. ...

November 17, 2017 No Responses

NPA to partner editors on port reforms, improved communications

The Nigerian Ports Authority (NPA) will partner the Nigerian Guild of Editors with a view to having a stronger communications channel to convey the gains of the current Reforms at the nation’s seaports, Managing Director, Hadiza Bala Usman has said....

November 17, 2017 No Responses

Kia renovates healthcare center

Kia Motors Corporation has formally handed over a healthcare center in the town of Mayuge in eastern Uganda, having funded the build of the facility and its day-to-day management during a start-up phase. The center, which provides much-needed medical support.....

November 17, 2017 No Responses

AAAF empowers widows, orphans, others in Northern Nigeria

Since the inception of its Northern Nigeria operations few years ago, the Ajoke Ayisat Afolabi Foundation, the philanthropic arm of SIFAX Group, has empowered over 6,000 indigents people, including destitute, widows and orphans. This was disclosed by the fou...

November 17, 2017 No Responses

CFAO Photo News

Mr Thomas Pelletier, Country Manager, CFAO Nigeria introducing the first Fuso Truck assembled in Lagos during the official commissioning of Fuso Assembly Plant in Lagos on Thursday

November 16, 2017 No Responses

Local govt seeks partnership with NIMASA on Apapa gridlock

In a bid to find a lasting solution to the Apapa gridlock, the Apapa Local Government Chairman, Honourable Adele Owolabi has sought partnership with the Nigerian Maritime Administration and Safety Agency (NIMASA) in order to restore sanity to the Apapa...

November 16, 2017 No Responses

Ghana budgets $13.9b for 2018

The Ghanaian government plans to spend 13.9 billion dollars (62 billion Ghana cedis) in the 2018 fiscal year, the country’s finance minister said on Wednesday. Presenting the government’s fiscal policy to parliament, Kenneth Ofori-Atta, said the budget, w...

November 16, 2017 No Responses

Airbus gets order for 450 aircraft worth $49.5b

Airbus has struck its biggest single deal with an order for 430 aircraft worth $49.5bn at list prices from US investment firm Indigo Partners. Indigo, whose interests include Europe’s Wizz Air, US-based Frontier, and Mexico’s Volaris, will buy Airb...

November 16, 2017 No Responses

Akeredolu lauds BPE’s privatisation agenda

Ondo State Governor, Arakunrin Oluwarotimi Akeredolu, has commended the Bureau of Public Enterprises (BPE) for its reform and privatization transactions in the country, especially in the telecom sector which has deepened and transformed the Nigerian economy. ...

November 16, 2017 No Responses

Dana Air Photo News

L-R Manager, Flight Ops and Quality Assurance, Captain Olukayode Ola, Dana Air’s Chief Pilot, Captain Jemitola Ayorinde, Accountable Manager/ Chief Operating Officer of Dana Air Obi Mbanuzuo and The Area Manager, South West IATA, Dr Samson Fatokun during...

November 16, 2017 No Responses

FG revokes residence permit of expatriate staff of six firms

The Federal Government, through the Nigeria Immigration Service (NIS), has revoked the residence permit of expatriate staff of six companies operating in the country. The Comptroller-General of the NIS, Mr Muhammad Babandede, announced this in Abuja on Wedn...

November 16, 2017 No Responses

Shareholders to Tinubu: You must resign to save Oando from further trouble

The crisis rocking Oando Plc assumed another dimension on Wednesday as a group of shareholders called on the embattled company’s management team led by its Group Chief Executive, Wale Tinubu to resign. President of the Trusted Shareholders’ Association...